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<br />c/'~- 6' <br /> <br />Assessed values compared to prior fiscal yea~!! <br /> <br />2002-03 <br /> <br />2003-04 <br /> <br />2004-05 <br /> <br />2005-06 <br /> <br />(Decr)/Incr <br /> <br />Land $498,390,162 $517,048,912 $523,470,912 $595,413,162 <br />Improvements 532,357.750 548,847,750 571,039,000 585,147.750 <br />Total $1,030,747,912 $1,065,896,662 $1,094,509,912 $1,180,560,912 <br /> <br />13.74% <br />2.47% <br />7.86% <br /> <br />The assessed values represent 25% of the adjusted appraised value of <br />$ (1) <br />4,722,243,647 . <br /> <br />(1) The bond agreement specifies that assessed v~lue is 25% of the full cash value of the property. <br />/J <br /> <br /> Assessed Values by Type <br /> As percent of total valuation <br /> <br /> Residential Commercial Vacant Land <br />1995-1996 58.3 35.4 6.3 <br />1996-1997 59.8 35.2 5.0 <br />1997-1998 54.7 37.8 7.5 <br />1998-1999 56.8 39.4 3.8 <br />1999-2000 57.7 40.3 2.0 <br />2000-2001 57.1 41.2 1.7 <br />2001-2002 60.6 38.7 .7 <br />2002-2003 60.25 39.4 .35 <br />2003-2004 62.93 "'- 36.73 .34 <br />" <br />2004-2005 63.76 35.90 .34 <br />2005-2006 70.40 29.32 .28 <br /> <br />A copy of the appraisal report has been sent to each council member for review, <br />and a copy is available in the office of the City Clerk. <br /> <br />?r1 p~ <br /> <br />Brian ponty <br />District Assessor <br />(Finance Director) <br /> <br />~ <br />- ~ <br /> <br />// <br />(// /' / ' <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />.'ILI <br />I /.1 'j <br />, ' / <br />'/.-1,~' <br />/ ¡ ". <br />.". . <br />1 , <br />-' v <br />Edwárd P. Everett <br />City Manager <br /> <br />Alison Freeman <br />Financial Services Manager <br />